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It’s Time to Abolish the 70% Change Failure Rate Statistic

Change Starts Here

” One quote that never seems to be mentioned is this follow up in 1995, where Michael Hammer said: “In Reengineering the Corporation , we estimated that between 50 and 70 percent of reengineering efforts were not successful in achieving the desired breakthrough performance. .” ” How do they know?

Kotter 143
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The Soft Things that Make Mergers Hard

Harvard Business Review

Numerous commentators have targeted culture and "soft" interpersonal issues as an important contributor of M&A success or failure. As Jim Champy says of major organization change, "One of the things I always look for is the appetite for change. Match merger strategy to the speed profile of the teams at hand.

Champy 13
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Should You Gamble on Your Company's Leadership?

Harvard Business Review

This motto is vastly more ambitious than the previous one — to educate leaders who "make a decent profit — decently" — and ambition, as Nitin Nohria (now HBS's Dean) and James Champy wrote in The Arc of Ambition , is usually a valuable quality. Another key strategy is to match the person to the situation.

Company 14